Central bank sells $11.5m to banks in first open auction
The central bank has sold $11.5 million to commercial banks through its first-ever open auction.
The Business Standard15 September 2026, 10:55 AM0 readsAMP
In its inaugural open auction, the central bank sold $11.5 million to commercial banks. This figure represents approximately 58% of the initial target, indicating that market demand for the currency remains relatively soft.
